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    Butler, NJ
    Residential Income

    Butler, NJ Residential Income Properties for Sale

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    Side-by-Side Duplex with Private Utilities
    Updated: Jun 30
    Side-by-Side Duplex with Private Utilities

    72-74 Kiel Ave, Butler, NJ 07405

    $599,000
    0.21 AC lot
    Side‑by‑side duplex built in 1917 on a large, level corner lot in Butler
    Unit 72: 2 BR, 1 BA plus a spacious walk‑up attic that can be refinished for additional rooms
    Unit 74: 2 BR and 1.1 BA
    Shared unfinished basement accessible internally or via exterior Bilco doors
    Separate utilities: tenants pay their own gas, electric, heat, and water
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    Three-Story Fully Leased Triplex
    Updated: Jun 2
    Three-Story Fully Leased Triplex

    25 Kiel Ave, Butler, NJ 07405

    $719,900
    0.07 AC lot
    Fully occupied 3‑unit triplex at 25 Kiel Ave in Butler
    Unit mix: two 2‑bed, 1‑bath units plus one 1‑bed, 1‑bath unit
    Gross rental income of $5,700/month; reported 7%+ cap rate
    Units 1 and 3 fully gut renovated with open‑concept layouts, updated kitchens/baths, and newer appliances
    In‑unit laundry in all three apartments; separate utilities to help manage landlord expenses
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    Side-by-Side Duplex with Attic
    Side-by-Side Duplex with Attic

    72 Kiel Ave, Butler, NJ 07405

    $599,000

    Two separate units each with private utilities and a shared unfinished basement on a level corner lot with ample parking.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 Active listings in Butler, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Family Residential Income Home
    Two-Family Residential Income Home

    Haskell, NJ 07420

    $518,700
    1,736 sqft 0.35 AC lot

    Two-family home with separate entrances, a walk-out unfinished basement, wraparound porch, and detached garage with off-street parking.

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    Two-Unit Rental Duplex
    Two-Unit Rental Duplex

    Haskell, NJ 07420

    $850,000
    0.77 AC lot

    Separate utilities and two-bedroom layouts make this duplex a practical fit for income-focused buyers.

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    Office Building with 2-Family Home
    Office Building with 2-Family Home

    148 Hamburg, Bloomingdale, NJ 07403

    $1,100,000

    Renovated in 2016, the property includes a 2-family residence and a separate office building with ample on-site parking.

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    Mixed-Use Property in Thriving Downtown
    Mixed-Use Property in Thriving Downtown

    15 Hamburg, Bloomingdale, NJ 07403

    $1,000,000

    High-visibility mixed-use property with development potential in a high-traffic location.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Lakefront Residential Lot
    Wooded Lakefront Residential Lot

    Haskell, NJ 07420

    $187,500
    0.53 AC lot

    Build your custom home on a wooded lakefront lot in Residential zoning with direct recreation on the water.

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    Approved Building Lot in Kinnelon
    Approved Building Lot in Kinnelon

    Butler, NJ 07405

    $850,000
    3.98 AC lot

    Approved Kinnelon building lot with septic and 6,000 sqft envelope.

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    Development Opportunity in Haskell, NJ
    Development Opportunity in Haskell, NJ

    Haskell, NJ 07420

    $850,000
    2.13 AC lot

    2.13-acre lot approved for 11-unit luxury apartment building.

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    Land Adjacent to State Land
    Land Adjacent to State Land

    Upper Hibernia Rd, Rockaway, NJ 07866

    $275,000
    1.96 AC lot

    Residential land in Rockaway Twp., close to amenities.

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    Off-Market Properties in Butler, NJ

    Consider similar Off-Market properties in Butler, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    68 Bartholdi Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    68 Bartholdi Ave, Butler, NJ 07405-1463

    Value Estimation by Request
    3,221 sqft 0.23 AC lot
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    35 Carey Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    35 Carey Ave, Butler, NJ 07405-1409

    $4,790,000
    Estimated value
    1.57 AC lot
    View details
    5 Carey Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    5 Carey Ave, Butler, NJ 07405-1464

    $775,000
    Estimated value
    4,132 sqft 1.35 AC lot
    View details
    15-17 Vly Rd, Unit 17
    APARTMENT HOUSE (UNDER 5 UNITS)

    15-17 Vly Rd, Butler, NJ 07405-1717

    Unit 17
    $560,000
    Estimated value
    5,977 sqft 0.55 AC lot
    View details
    115 Boonton Ave, Unit 129
    APARTMENT HOUSE (UNDER 5 UNITS)

    115 Boonton Ave, Butler, NJ 07405-1455

    Unit 129
    $530,000
    Estimated value
    1.16 AC lot
    View details

    Butler, NJ Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Butler, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,917,900.

    Sale prices for residential income properties in Butler, NJ start at $599,000, averaging $639,300, and reaching up to $719,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 5
    Duplexes 4
    Triplexes 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +1.4%
    Median Household Income $127,500
    College Educated 73.8%

    High-Yield Neighborhoods for Investment

    Identify Butler submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07405 $793.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $31.22 per SF
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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